Feasibility study for setting up a food business
If you are an entrepreneur with only an idea, the first step is to check whether the idea is workable and whether it is worth setting up the business. We recommend running a business feasibility study before you commit to large investments.
Forward has been running feasibility studies and supporting food business setups since 2008: over 1,000 customers and 18+ years of experience.
Scope of work:
- Reviewing the location of the business
- Reviewing the culinary concept
- Reviewing the components of the required investment
- Reviewing ongoing expenses
- Reviewing revenues and business potential
The deliverable:
A structured report with recommendations that include numbers such as break even point, estimate of the required investment, and expected profit for the first year.
The report will be delivered to you in a structured meeting and will include recommendations and explanations about the business's chances of success.
At the end of the meeting you can decide whether you want to set up the restaurant, fast food business or coffee shop you dreamed of.
For a price quote, leave your details:
Financial calculator for restaurants
Planning to open a new restaurant? Want to know how much it will cost to set up? Want to know how much the restaurant will earn?
You are welcome to try our financial calculator.
All you need is to click the link and fill in the calculator. The results will be sent to you immediately by email.
